Project Accountant
Recruiter: Tower Group
Job Ref: 1193182635
Date posted: Tuesday, June 10, 2025
Location: Durban, South Africa
SUMMARY:
Our client, a leader in the automotive industry, is seeking a Project Accountant to join their team based in Durban.
Minimum Requirements
- B Com degree or equivalent diploma; and/or
- 3-5 years’ experience in a production accounting environment, specifically with the responsibilities listed below.
- Thorough understanding of profitability, costing, and budgeting.
- Good computer skills, especially with MS Office (Excel) and D365.
- Good interpersonal skills and experience in dealing with people.
- Able to work under pressure and meet deadlines.
Main Job Functions
- Sales price maintenance – Ensure pricing is always at the correct levels and adhere to increase/decrease submissions based on Forex, raw materials, and economic adjustments.
- Standard cost maintenance – Ensure BOMs are accurate for newly launched products. Review costing and judgment of price levels for various input costs.
- Compile project budgets – Understand profit and loss statements, cash flows, and budgeting to ensure projects are profitable and financed correctly.
- Customer RFQ submissions – Complete internal costing for RFQs received from customers and translate into customer formats.
- Profitability studies – Conduct ongoing studies on products to identify costing issues and implement corrective actions.
- Project accounting – Ensure the project ledger is up to date and reconciled monthly with amortization tables.
- Ensure compliance with internal controls.
- Interaction with plants to resolve queries.